JPMorgan, Mastercard und Ripple schließen die grenzüberschreitende XRP-tokenisierte Treasury-Abwicklung ab
Burns Brief
Ondo Finance sagte, Ripple habe OUSG auf XRP Ledger eingelöst und in Singapur über Mastercard und Kinexys von J eine Auszahlung in USD erhalten. Die Marktteilnehmer wägen die Auswirkungen sorgfältig ab, wobei das Ergebnis wahrscheinlich von den allgemeineren Makrobedingungen und dem Volumen abhängen wird. Achten Sie auf die Reaktion von $ETH $XRP $NEAR – eine entscheidende Bewegung über oder unter Schlüsselniveaus wird den nächsten Trend bestätigen.
Ondo Finance said Ripple has redeemed OUSG on XRP Ledger and received a USD payout in Singapore through Mastercard and Kinexys by J.P. Morgan. The May 6 pilot tested whether a tokenized fund redemption on a public blockchain could trigger a bank-account payout across borders and banks, using a transaction path that Ondo said operated outside traditional banking windows. Ondo said the XRP Ledger leg processed in under five seconds. The cash leg stayed inside bank infrastructure, moving through Mastercard's Multi-Token Network, Kinexys by J.P. Morgan, and J.P. Morgan's correspondent banking network. That split is the core of the development. The pilot links public-chain settlement speed to bank-account completion while keeping the USD payout on bank infrastructure. The available record separates XRP Ledger's asset role from the USD payout, which was initiated on Kinexys and delivered to Ripple's Singapore bank account through J.P. Morgan's rails. How the settlement chain was divided Ondo described the transaction as the first near-real-time, cross-border, cross-bank redemption of a tokenized U.S. Treasury fund. Ripple redeemed part of its Ondo Short-Term U.S. Government Treasuries holdings on XRP Ledger. The redemption then moved into a payout path. Ondo processed the request, Mastercard's Multi-Token Network routed the instruction, Kinexys debited Ondo's Blockchain Deposit Account, and J.P. Morgan's correspondent banking network delivered the USD proceeds to Ripple's Singapore bank account. Leg Actor or rail What it did Practical effect Asset leg XRP Ledger Recorded the OUSG redemption Ondo said this leg processed in under five seconds Instruction leg Mastercard Multi-Token Network Routed the fiat payout instruction Connected the onchain redemption to bank settlement infrastructure Cash leg Kinexys by J.P. Morgan and J.P. Morgan correspondent banking Moved USD proceeds to Ripple's Singapore bank account Kept fiat completion inside regulated bank rails The structure s
Key Takeaways
- Ondo Finance said Ripple has redeemed OUSG on XRP Ledger and received a USD payout in Singapore through Mastercard and Kinexys by J
- Ondo said the XRP Ledger leg processed in under five seconds
- The cash leg stayed inside bank infrastructure, moving through Mastercard's Multi-Token Network, Kinexys by J
- The pilot links public-chain settlement speed to bank-account completion while keeping the USD payout on bank infrastructure
- The available record separates XRP Ledger's asset role from the USD payout, which was initiated on Kinexys and delivered to Ripple's Singapore bank account through J